Avid Hotel Kalamazoo East, MI

Listing Agents

Eric Skipworth
312.248.4109
eskipworth@paramountlodging.com

Detailed Information
Property Highlights
  • Fee Simple interest in the privately owned and third-party managed 82-key Avid Hotel Kalamazoo East
  • Available for purchase through a traditional marketing process
  • Property offered unencumbered by debt and management with the ability to relicense with IHG under a new long-term franchise agreement
  • Sale affords buyers the opportunity to purchase a newly built asset with no renovation required
  • Direct visibility from I-94 and AmVets Memorial Parkway with upwards of 100,000 vehicles passing the location daily
  • Property is located less than 3 miles from Kalamazoo/Battle Creek International Airport with ~80,000 enplanements in 2022 and top destinations to Chicago-O’Hare, Orlando, and Detroit
  • Less than 2 miles from the 90,000 square foot Kalamazoo County Expo Center featuring over 275,000 annual visitors spread across nearly 100 events
  • Readily accessible to all local leisure demand including Airway Fun Center, Air Zoo Aerospace & Science Museum, and the ~5,000 seat Wings Event Center all within a 4-mile radius
  • Readily accessible to Kalamazoo College, Kalamazoo Valley Community College, and Western Michigan University, a public research institution with an annual enrollment of ~17,000 students
  • Proximate to all broader healthcare demand including Ascension Borgess Hospital and Bronson Methodist Hospital, a Level 1 Trauma Center with 434-beds
  • Proximate to all broader Kalamazoo corporate demand including the 450,000 square feet Kaiser Aluminum manufacturing plant and Stryker Corporation headquarters, a medical technologies corporation with upwards of 46,000 nationwide employees and ~$17B in annual revenue
  • Readily accessible to the broader Midwest including Grand Rapids and Lansing within a 1-hour drive and serving as the halfway point between Detroit and Chicago
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